Exxon Mobil Co. (NYSE:XOM) Shares Bought by IRON Financial LLC

IRON Financial LLC increased its position in Exxon Mobil Co. (NYSE:XOM) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,437 shares of the oil and gas company’s stock after buying an additional 247 shares during the period. IRON Financial LLC’s holdings in Exxon Mobil were worth $908,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Global Wealth Management Investment Advisory Inc. boosted its position in shares of Exxon Mobil by 10.7% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock worth $5,532,000 after acquiring an additional 4,578 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its holdings in shares of Exxon Mobil by 4.7% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 133,140 shares of the oil and gas company’s stock valued at $15,607,000 after purchasing an additional 5,985 shares during the last quarter. Helen Stephens Group LLC boosted its holdings in shares of Exxon Mobil by 7.3% in the 4th quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock valued at $4,479,000 after purchasing an additional 2,825 shares during the last quarter. Brooklyn Investment Group increased its holdings in shares of Exxon Mobil by 36.8% during the 3rd quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock worth $2,945,000 after buying an additional 6,753 shares during the last quarter. Finally, Parthenon LLC raised its position in shares of Exxon Mobil by 2.4% in the 3rd quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock worth $22,458,000 after buying an additional 4,445 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of several research analyst reports. UBS Group dropped their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Scotiabank raised shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $129.00 to $145.00 in a research report on Thursday, October 10th. Bank of America assumed coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price objective for the company. The Goldman Sachs Group upped their price target on shares of Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. Finally, BNP Paribas lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective on the stock. in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $128.84.

Exxon Mobil Price Performance

XOM opened at $109.48 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. Exxon Mobil Co. has a 1-year low of $100.42 and a 1-year high of $126.34. The company has a 50-day moving average of $110.91 and a 200-day moving average of $115.33. The company has a market capitalization of $481.18 billion, a P/E ratio of 13.63, a PEG ratio of 2.86 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. During the same quarter last year, the business posted $2.27 EPS. Exxon Mobil’s quarterly revenue was down .8% compared to the same quarter last year. Equities analysts expect that Exxon Mobil Co. will post 7.77 EPS for the current fiscal year.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.